S&P 500, Hang Seng Weekly Open: Vaccine-Led Rally May Take a Pause

US stock futures may lead Asia-Pacific markets higher after a profit-taking trading session seen on Friday. A vaccine-led rally seems to be taking a pause. Oil prices at 11-week high. Japanese mark…

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DAX 30 Index Consolidating Below Key Resistance Ahead of PMI Release

Germany’s DAX 30 index is consolidating constructively below resistance ahead of a slew of PMI releases and Chancellor Merkel’s Covid-19 meeting with regional premiers.

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US Dollar Still Sinking, What Are Upside Factors? USD/INR Eying Indian GDP

The US Dollar lost ground to most ASEAN currencies as Emerging Market assets climbed despite US economic woes. USD/INR is eyeing third-quarter Indian GDP at the end of the week.

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New Zealand Dollar May Rise as RBNZ Holds Fire on Negative Rates

The New Zealand Dollar looks poised to extend its push higher against its haven-associated counterparts on robust economic data and a less dovish stance from the RBNZ.

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Yen and US Dollar May Bounce as PMI Data, Fed-Speak Spook Markets

The Japanese Yen and US Dollar may rebound from early losses at the start of the trading week as worrying PMI data and Fed commentary spook the markets.

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